Digicel Curacao has announced that it has signed an agreement to acquire local fibre-to-the-home (FTTH) operator TRES Networks for an undisclosed sum. Pending government approval, Digicel says that it will work with the existing management team to bring enhanced services to customers in Curacao. Sten van der Ham, CEO of Digicel Curacao, commented: ‘The acquisition of TRES Networks will enable us to invest further to build out our state-of-the-art fibre network across the island to deliver superior experience and position Curacao at the forefront of technology in Caribbean’.
According to TeleGeography’s GlobalComms Database, TRES Networks was originally commissioned as Santa Barbara Utilities, for the purposes of providing services exclusively in the Santa Barbara area, but extended its reach to pass approximately 55,000 residential homes and nearly 5,500 businesses. TRES, which launched on a commercial basis in October 2010, offers maximum download speeds of 25Mbps.
The Digicel Group has snapped up a series of Caribbean ISPs in recent years, as it seeks to keep pace with pan-Caribbean rival Cable & Wireless Communications (CWC). The GlobalComms Database confirms that acquired companies include: Caribbean Cable Communications (Anguilla, Montserrat and Nevis, November 2013); SAT Telecommunications (Dominica, February 2014); TCI Broadcasting and sister company TCT (Turks and Caicos, April 2014); Telestar Cable (Jamaica, September 2014); and Bermuda Telephone Company (BTC, June 2015). The bulk of the companies purchased have been rebranded under the ‘Digicel Play’ banner.